Reborn in 1984: Starting with the Development of Chinese Character Cards, Chapter 108: Inspecting the Factory. Mason Camp thought that even if Wujiang Group promised to continue supporting him as the taipan of Standard Chartered Bank, it was not necessarily a guarantee. Times change. Right now, Wujiang Group needed his help, which was why they supported him as the taipan. Once they gained power, they might not need him anymore.
Mason Camp, a master of balance, would never put himself in a dangerous situation.
At this moment, he smiled. The arrival of Qiu Degen, Bao Yugang, and the Australian businessman was undoubtedly a force that restrained Wujiang Group and prevented it from becoming too powerful.
As long as you navigate among these people, you can be successful in all aspects.
"Khoo Teck-Keng, Pao Yue-Kong, and Australian businessmen are all powerful and well-known figures. If they were to invest in Standard Chartered Bank, it would be icing on the cake. Furthermore, it would prevent a single major shareholder from becoming too powerful, which would benefit the stability and development of Standard Chartered's management. Therefore, in my opinion, we should welcome Khoo Teck-Keng and his team with open arms! What do you think?"
Upon hearing this, everyone felt that Mason Kemp's consideration was very thoughtful, and they all nodded in agreement.
“Kelly, take them to my office, I’ll be there right away.”
"Yes, Mr. Kemp!"
As the secretary left the conference room, Mason Camp addressed the group, saying, "Let's adjourn today's meeting. I will be meeting with Qiu Degen and the other two."
...
Shortly afterward, Qiu Degen and the others were led by the secretary to Mason Camp's office.
After a brief exchange of pleasantries, Qiu Degen got straight to the point, stating his purpose: "The three of us want to buy shares in Standard Chartered Bank to help it defeat Lloyds Bank of the UK. Firstly, this is to protect Standard Chartered Bank in Hong Kong and prevent it from becoming a vassal of British banks; secondly, from a business perspective, we can make a fortune by helping Standard Chartered Bank; and thirdly, after acquiring shares in Standard Chartered Bank, it will be easier for our own companies to engage in financial business. The three of us are only making a financial investment and are not interested in the management of Standard Chartered Bank, so we will continue to support the original management team."
Mason Camp laughed and said, "Since Mr. Qiu is being so frank, then I'll be frank as well. Standard Chartered Bank warmly welcomes you all. In addition, before you, Wujiang Group also expressed its intention to invest in Standard Chartered Bank. So this time, Standard Chartered Bank will be issuing a targeted capital increase to the four of you!"
Upon hearing this, Chiu Te-ken, Pao Yue-kang, and the Australian businessman exchanged glances and nodded secretly, indicating that they could accept the outcome.
Qiu Degen laughed and said, "With Wujiang Group involved, we are even more confident in defeating Lloyds Bank of England!"
Bao Yugang asked, "With four people sharing, I wonder how many shares Standard Chartered Bank can offer?"
Mason Camp thought for a moment and replied, “To beat Lloyds Bank of England, we need at least £1.5 billion! So… Standard Chartered Bank is offering a targeted capital injection, giving up 40% of its shares, averaging 10% per person.”
Even 10% of the shares were no longer acceptable. Bao Yugang was very satisfied and nodded with a smile: "I agree with this distribution method!"
Qiu Degen and the Australian businessman, of course, had no problems.
After seeing the three off, Mason Camp contacted Zhou Anping and briefly explained that Qiu Degen and the other two were also going to invest in Standard Chartered Bank. Finally, he talked about the share allocation for the targeted capital increase.
Zhou Anping then relayed the news to Zhao Ye.
Upon hearing this, Zhao Ye felt a pang of regret. Sure enough, Qiu Degen, Bao Yugang, and the Australian businessman were also involved. It seemed that he wouldn't be able to enjoy the spoils alone.
"Take 10% it is. Tell Mason Camp that Wujiang Group has agreed!"
"Okay, boss!"
Zhou Anping nodded and, after hanging up the phone, called Mason Camp to say that Wujiang Group had also agreed to give each of the four companies a 10% stake.
The following morning around 10 a.m., Zhou Anping, representing Wujiang Group, met with Qiu Degen, Bao Yugang, and an Australian businessman. The four discussed how to join forces to defeat Lloyds Bank of England.
Now, we're all in the same boat; only by defeating Lloyds Bank of England can we reap huge profits.
However, once Standard Chartered completes its targeted capital increase, Lloyds Bank's fate is sealed.
A private placement does not require unanimous consent from shareholders; it only requires approval by more than two-thirds of the voting rights held by the shareholders present at the meeting.
With a little effort, and by convincing the major shareholders of the benefits of bringing in figures like Wujiang Group, Qiu Degeng, and Bao Yugang, Standard Chartered Bank should be able to proceed without major issues.
In addition, Standard Chartered Bank, together with Wujiang Group, Qiu Degeng, Bao Yugang, and an Australian businessman, directly acquired shares from many small shareholders and jointly snapped up shares on the stock market in order to gain more control.
Mason Kemp proposed a swift and decisive approach, rapidly acquiring shares on the stock market to settle the matter in one fell swoop, rather than slowly vying for shares with Lloyds Bank of England.
Because Lloyds Bank of the UK may quietly sell its shares when Standard Chartered's share price is high, since it can't acquire Standard Chartered, it might as well take the opportunity to make a big profit.
That's really disgusting.
Therefore, Mason Kemp made this suggestion: to acquire enough shares in a very short period of time by making a large number of high-priced purchases, catching Lloyds Bank off guard and thus securing victory!
After a period of preparation, Standard Chartered Bank's stock price began to fluctuate wildly, and the smoke of battle began to fill the air, making people's hearts tremble.
Inside the Hong Kong Stock Exchange.
My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!
Continue read on readnovelmtl.com
